The author is a Forbes contributor. The opinions expressed are those of the writer.

Loading ...

Loading ...

This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe

Looking at the universe of stocks we cover at Dividend Channel, on 11/13/12, Psychemedics Corp. (NASD: PMD) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 11/28/12. As a percentage of PMD's recent stock price of $11.47, this dividend works out to approximately 1.31%.

Below is a dividend history chart for PMD, showing historical dividends prior to the most recent $0.15 declared by Psychemedics Corp.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PMD is likely to continue, and whether the current estimated yield of 5.23% on annualized basis is a reasonable expectation of annual yield going forward.